Title
Stadium Naming Rights Partner
Recommended Action
That the Board of Commissioners:
1. Approves the name of Nomaco Park for the stadium jointly owned by Wake County and the Town of Zebulon;
2. Authorizes the County Manager to approve an agreement between Zebulon Stadium, LLC, and Nomaco, for the naming rights of the Stadium, subject to terms and conditions acceptable to the County Attorney; and
3. Accepts and appropriates $228,543.75 to the Major Facilities Capital Projects Fund as the County’s estimated 85% share of net naming rights revenue to be received during the term of the agreement.